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- 🚀AI Boost: Apple Exits OpenAI Funding
🚀AI Boost: Apple Exits OpenAI Funding
PLUS: ByteDance's New AI Model, and Raspberry Pi's Camera Module!
Zephyr
September 30, 2024
Good morning! It is September 30, 2024, today. Today's AI news brings us updates from major players like Apple, ByteDance, and Raspberry Pi, along with groundbreaking developments in AI technology from around the world. Let's dive into the latest headlines!
Credit: PYMNTS
1. Apple Exits OpenAI’s $6.5 Billion Funding Round Amid Intense Competition
Apple has decided to withdraw from OpenAI’s $6.5 billion funding round, leaving Microsoft and Nvidia as the primary investors. This funding round, led by Thrive Capital, aims to value OpenAI at $150 billion. Apple’s exit highlights the competitive landscape of AI investments, as major tech companies vie for a stake in leading AI innovations.
Credit: Reuters
2. ByteDance Plans New AI Model Trained with Huawei Chips Amid U.S. Restrictions
ByteDance, the parent company of TikTok, is developing a new AI model using Huawei’s Ascend 910B chips. This move comes in response to U.S. export restrictions on advanced AI chips from American companies. ByteDance has ordered over 100,000 of these chips but has received fewer than 30,000 so far. The collaboration with Huawei aims to bolster ByteDance’s AI capabilities despite the geopolitical challenges, highlighting China’s push to advance its domestic tech industry.
3. AI Helps Kenyan Farmers Increase Productivity
Kenyan farmers are increasingly adopting AI technologies to enhance agricultural productivity. Tools like the PlantVillage Nuru app provide data-driven advice, helping farmers optimize crop yields and improve food security. This AI-driven approach has led to significant increases in productivity, with some farmers reporting up to a 40% boost in yields. The integration of AI in agriculture is transforming farming practices in Kenya, making them more efficient and sustainable.
Credit: TechCrunch
4. Raspberry Pi Launches Camera Module for Vision-Based AI Applications
Raspberry Pi has introduced the Raspberry Pi AI Camera, a new image sensor with on-board AI processing capabilities, priced at $70. This camera module, based on the Sony IMX500 sensor, is designed to enhance vision-based AI applications, making it easier for developers to integrate advanced image recognition and processing into their projects. The AI Camera aims to open up new possibilities for innovative uses in various fields, from robotics to home automation.
5. China Achieves AI Breakthrough with Multi-Data Center Generative Model
China has reportedly trained a generative AI model across multiple data centers, a significant achievement given the complexity of using different GPUs and servers in various locations. This breakthrough demonstrates China’s growing capabilities in AI and highlights the potential for more robust and scalable AI systems. The successful training of this model across diverse infrastructures marks a notable advancement in the field of artificial intelligence.
6. NVIDIA Partners with BlackRock to Address AI Energy Demands
NVIDIA has partnered with BlackRock to launch an AI-focused fund aimed at addressing the energy demands of AI technologies. This collaboration will help estimate and manage the energy requirements for AI advancements, which analysts have identified as a potential bottleneck for faster AI adoption.
The fund, which includes Global Infrastructure Partners, aims to support the development of critical infrastructure needed for AI growth. This partnership highlights the increasing importance of sustainable energy solutions in the AI industry.
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Stay tuned for more updates, and have a fantastic day!
Best,
Zephyr